@techreport{NBERw17077,
 title = "The Outlook for Financial Literacy",
 author = "Annamaria Lusardi and Olivia S. Mitchell",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "17077",
 year = "2011",
 month = "May",
 URL = "http://www.nber.org/papers/w17077",
 abstract = {As the world becomes more financially integrated and complex, average individuals and their families are increasingly faced with making highly sophisticated and all-too-often irreversible financial decisions. Nowhere is this more evident than with regard to retirement decision-making. Indeed, the global financial crisis suggests that poor financial decision-making can have substantial costs not only for individuals but also society at large. This paper focuses on key lessons for financial decision-making in the wake of that crisis, exploring how financial literacy can enhance peoples’ skills and abilities to make more informed economic choices.},
}